Lantheus reports mixed Q3 results

2020 02 06 18 18 1550 Business Financial Results 400

Lantheus Holdings, parent company of Lantheus Medical Imaging, has released mixed results for its third quarter.

The company posted $88.5 million in worldwide revenue, a 3.2% increase over $85.8 million during the same period last year. It attributed this increase to sales of its Definity ultrasound contrast agent.

However, the firm also posted a net loss of $6.4 million for the quarter (end-September 30), compared with net income of $4.9 million in 2019.

In April, Lantheus Holdings withdrew its 2020 revenue, revenue growth, and earnings guidance due to the COVID-19 pandemic.

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